Walgreens Boots Alliance Inc (W8A.DU)
- Yahoo Finance Video
Walgreens stock sinks on full-year outlook, retail hurdles
Walgreens (WBA) shares plunge by as much as 20% in pre-market trading after the pharmacy chain slashed its full-year 2024 profit guidance on top of an adjusted earnings miss in the third quarter. Yahoo Finance Health Reporter Anjalee Khemlani breaks down WBA's latest figures and CEO Tim Wentworth's comments on the pressure the pharmacy side of the business is facing. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Salesforce meeting, Nike earnings, pres. debate: What to watch
Salesforce (CRM) will hold its annual shareholders meeting on Thursday. The meeting's agenda includes electing new board members. Multiple earnings reports will be released for companies including Nike (NKE), McCormick (MKC), and Walgreens (WBA). The US Department of Labor will issue initial jobless claims data for the week of June 22. Current estimates place the figure at 235,000 versus May's 238,000 claims. The first 2024 presidential debate between Joe Biden and Donald Trump will occur on CNN at 9 p.m. EST. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
- Bloomberg
Walgreens’ Shares Plunge on Outlook Cut, More Store Closings
(Bloomberg) -- Walgreens Boots Alliance Inc. slashed its guidance due to a worsening retail environment and announced it would close significantly more stores as its new chief executive officer seeks to turn the business around.Most Read from BloombergSupreme Court Poised to Allow Emergency Abortions in IdahoBolivia’s President Arce Swears in New Army Chief After Coup BidSpaceX Tender Offer Said to Value Company at Record $210 BillionChina’s Finance Elite Face $400,000 Pay Cap, Bonus ClawbacksYo
